2.1.3 Synopsis (ex. high level features etc)

  1. Confirmation (With/Without/May add)
  2. Financial Amendment confirmation
  3. Tracking of limit –Applicant (Fixed)
  4. Clauses and Free format text required for the product can be attached.
  5. Closure- Auto\Manual
  6. Cancellation & Re Open of LC
  7. Back Value dating allowed
  8. Contingent Accounting for contracts
  9. Cash Collateral (Percentage/Amount) can be increased/Decreased during Availment/Amendment
  10. Linkages: Term Deposit
  11. Signature Verification
  12. Provision to capture Draft details and open insurance policy
  13. Specifying Goods, Shipping and Document Details for an LC
  14. Specifying Details of the Parties Involved in an LC
  15. STP support.
  16. Pre closure of LCs
  17. Pre advice of import and Export LCs